In 2016 a record 120 million boxes of 18 kilos were exported, generating revenues of $986 million, and productivity rose from 2,339 boxes per hectare in 2015 to 2,800 last year.
2016 was a good year for the banana sector in Costa Rica, which registered a significant rise compared to results seen in previous years.Compared to 2015 not only did overall productivity improve, but sales grew in value and volume.
The union reports that in the first ten months of 2016 sales of the fruit abroad increased by 40% compared to the same period in 2015 and in 2017 a 10% increase is projected.
This year Nicaraguan banana exporters project a 10% increase in sales abroad, explained Enrique Gasteazoro, coordinator of Nicaragua banana exporters, to Laprensa.com.ni."... '(We believe) that a ten percent increase will be good for this sector which is growing hand in hand with the investment we are making'."
Producers predict to end 2016 with a growth of between 6% and 7% in the export of the fruit.
Despite the adverse weather conditions which affected banana production not only in Honduras but also in other parts of Central America, revenues generated from the sale of bananas abroad could reach $485 million this year, according to projections by the Secretariat of Agriculture and Livestock.
In addition to the lands belonging to the former employees of Coosemupar, the North American company Del Monte may also be able to use 4,000 hectares in the area that are owned by the state.
Depending on what is negotiated in the agreement between the government and Del Monte, the bill for which will be submitted to the Assembly in January, 4,043 hectares in the Baru area suitable for growing bananas could be used, land which is owned by the Panamanian government.These would be in addition to those leased by company, through the State, by the former employees of Coosemupar.
A government project to be developed with the producers union aims to improve the positioning of Dominican bananas in the international market.
From a statement issued by PROCOMER:
As part of the commercial strengthening in an internationally competitive context, the Dominican Republic has launched a project entitled 'Measures to Support the Banana Sector', in order to enhance this productive sector.
Another proposal in addition to the one suggested to the government by the company Del Monte, seeks to revive banana production on the 1,700 hectares owned by the former employees of Coosemupar.
The proposal put forward by the Atlantic Banana Cooperative (Cobana) includes a feasibility study which states that "... the projection is that from the seventh year onwards annual earnings will be obtained of between $3 million and $4 million."
In the first half of the year better weather conditions led to a 17% increase in export volumes compared to the same period in 2015.
In value terms, banana exports in the first half of the year rose by 24% compared to the same period in 2015, according to figures from the National Banana Corporation (Corbana) mentioned by Nacion.com.
Central American coffee will incur 0% tariff in 10 years, while bananas, vegetables and baby vegetables will be shielded from the entry into force of the agreement.
In the fifth round of negotiations which will be held in Seoul from August 8 to 12 it is expected that progress will be made on the definitions for the treatment of 9% of the universe of products that have not yet been analyzed. These products are sugar, beef and pork, plastic and metal.